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4. Determine the payback period and the net present value for each proposal in the following table using an interest rate of 10% per year,
4. Determine the payback period and the net present value for each proposal in the following table using an interest rate of 10% per year, compounded annually. (For calculating the payback period, however, you may assume the disbursements happen throughout the year.) Give a brief explanation as to why a company may wish to choose the option with the longest payback period, and/or why they may wish to choose the option with the shortest
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